LAKE vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 19104.4× the size of LAKE (LAK3) by market capitalisation. Over the past 30 days, LAK3 is ahead by 14.7 percentage points (LAK3 +17.4% against FIGR_HELOC +2.7%). Their daily returns move barely in opposite directions (correlation -0.12 across 29 shared trading days). LAK3 has been the more volatile of the two, at 513% annualised against FIGR_HELOC's 52%.

Correlation: -0.12
Size ratio: 1 : 19104.4
Ahead over 30 days: LAK3

LAKELAK3

$0.005316

24h: -6.68%
Market cap: $1.41M
Volume 24h: $331
Volatility (ann.): 513%

Figure HelocFIGR_HELOC

$1.0290

24h: -0.93%
Market cap: $26.89B
Volume 24h: $467.66M
Volatility (ann.): 52%

LAK3 0.0%Share of the two combined market caps100.0% FIGR_HELOC

Performance

LAK3FIGR_HELOC

7 days+6.89%+0.19%LAK3
30 days+17.36%+2.69%LAK3

Correlation

-0.12over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	LAK3	FIGR_HELOC
Max drawdown (400d)	-59.1%	-5.5%
Risk-adjusted return (90d)	-0.07	0.05

Relative strength over 90 days: FIGR_HELOC outperformed LAK3 by 36.3% — measured on the LAK3/FIGR_HELOC ratio, so it holds regardless of market direction.

LAKE →Figure Heloc →